Denmark to Implement Blockchain Tech in Shipping, Joins EU Blockchain Partnership

Denmark signed declaration joining 24 other European Union members in support of a pan European blockchain set of principles.

Ramy Caspi
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Finans Watch has reported that on the 4th of June, Denmark signed a declaration joining 24 European Union member states that support a pan European blockchain set of standards and principles.

The European Commission established the EU blockchain partnership in April 2018 with the intention of creating a more cohesive cooperation among member states for developing blockchain technology overall.

According to the article posted by Finas Watch, the Danish Minister for Industry, Business and Financial Affairs has said that Denmark will be “the first country in the world [to] use blockchain technology to register ships in the Danish ship registers.”

He added: "Blockchain runs across national borders and a common European cooperation is crucial for future-proof standards and solutions. I am therefore very pleased that we have now signed the declaration."